The total trade volume between China and Australia has been seriously affected. In 2020, the total trade volume between China and Australia will drop by more than 30% compared with the same period of last year. At the same time, in the hot field of education in the past, the cooperation between China and Australia was basically cut off, which had a very serious impact on the development of Australia's economy and education industry.
Australia's overall education industry relies heavily on the contributions of foreign students. China sends tens of thousands of overseas students to Australia every year. These students not only get good grades, but also bring high economic benefits to Australia.
According to Australia's own statistics, due to the overall political conflict between China and Australia and the impact of the COVID-19 epidemic, the number of international students from China will further decrease in the future, which will cause a heavy blow to Australia's overall education industry. At the same time, at least seven Australian universities will fall in the global university rankings, or even fall out of the top 100.
In addition, the overall situation of COVID-19 epidemic in Australia is still not optimistic. According to the public information of the Australian government, they will continue to close the border in the future in order to effectively control the epidemic.
But in fact, the Australian government has been seriously lacking in its own epidemic prevention and control. In the past, the Australian government has long pursued the so-called "group immunization" adopted by Sweden, Britain and other countries, and only adopted a comprehensive blockade policy after the epidemic became more serious, hoping to solve the problem of large-scale spread of the epidemic.
The Mitchell Institute of Victoria University released a report saying that if the Australian government continues to block its borders, by the middle of 20021year, the Australian education industry will inevitably pay a loss of nearly 50 billion yuan.
As we all know, China is Australia's largest trading partner. Now, due to the wrong decision of the Australian government, the conflict between China and Australia is increasing.
Once the overall economic and trade cooperation between China and Australia, as well as cooperation in many other fields, is further undermined, then Australia will inevitably pay more economic costs for it. If China completely bans the import of agricultural products from Australia and prevents the reduction of the number of students studying in Australia, then Australia's overall agricultural and educational industries will fall into a state of collapse.
Therefore, many Australian politicians and business people hope that the government will change its policies and strengthen cooperation with China, because this is in line with Australia's core interests.
At present, the trend of diplomatic relations between China and Australia depends on the political attitude of the Australian government. If Morrison's government continues to blindly follow the United States in its own political attitude, the multi-field conflict between Australia and China will only be further aggravated.
China is Australia's largest trading partner, and the conclusion that Australia can lose to China is very obvious. I hope that the Australian government will be more rational when formulating the overall national policy. After all, following the United States will not end well.